TMI-1 prior to its 2019 shutdown. (Photo: Constellation)
The Department of Energy announced on November 18 that it has closed on a $1 billion loan through its Loan Programs Office to Constellation to aid in financing the restart of the 835-MWe Crane Clean Energy Center, formerly Three Mile Island-1.
Reports say LPO could lose more than half its staff
Nearly 60 percent of staff at the U.S. Department of Energy’s nuclear-friendly Loan Programs Office may be lost through President Trump’s deferred resignation program, the Washington Examiner reported.
According to the news outlet, 123 of the 210 current LPO employees have opted into the retirement buyout, which would amount to a 58.5 percent staffing cut in the office that helps finance new nuclear projects among other energy proposals. There is a 45-day period for federal employees older than 40 to change their minds, which could impact the final number of exiting staff.